
the staff of the Ridgewood blog
Ridgewood NJ, jury finds disgraced cryptocurrency scammer and Democrat megadonor Sam Bankman-Fried guilty of fraud-related charges on Thursday.
Bankman-Fried co-founded and served as CEO of cryptocurrency exchange FTX, which collapsed in November 2022 amid allegations the company was mishandling billions in customer funds. The Department of Justice indicted Bankman-Fried on seven fraud and conspiracy-related charges in August, alleging he masterminded a scheme to divert the money to fund campaign contributions, donations to charities and real estate acquisitions.
The jury found Bankman-Fried guilty on all seven charges, reaching the verdict after around four hours of deliberations, according to The Messenger. Four of the charges have potential prison sentences of up to 20 years each, but the judge will make the final decision on sentencing.
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I really hope the judge is a mensch and takes into consideration the historical suffering of his people. Hurt people hurt people. And what did he do that was so horrible anyway? A bunch of greedy grifters got grifted? Boo hoo. He’s obviously a very smart kid with a ton of chutzpah, and the real travesty would be letting all that talent go to waste sitting in prison. Although, I guess he could work remotely.
I’m thinking future fed chairman.
You probably think you’re being sneaky and clever.
You’re not.
Unless of course u lost ur life savings
I hope that wasn’t an antisemitic remark, because it smells like one. Cool it.
What’s the over under on time served?
he faces 20 years for each count, so it could be life in prison
A mind-boggling maximum of 110 years. Just in time for some 22nd-century projects.
30 years
Turns out Larry David was right in those commercials.
Another know-it-all Stanford grad.
Stanford has taken some hits in the press for embracing crypto and encouraging their students to explore this currency platform.
Looking forward to tomorrow’s inevitable Blog advertisement, I mean article, singing the praises of Cryptocurrency.
$5.2 of investor money given to the Biden 2020 campaign.
Bring on the next crook
Crypto Ponzi scheme, made possible by CNBC, MSNBC, Wall Street Journal, New York Times, Washington Post, NBC, CBS, ABC and the most important participant…..GREED.
I don’t lose one second of sleep for anyone that lost money in this giant pile of bullshit.
The other “King of Con”